Australian Dollar declines to a 3-week low on rates cut

Note: This section contains information in English only.
Source: Bloomberg

On Tuesday, the Australian Dollar decreased to a 3-week low versus the U.S. counterpart on an unexpected cut of interest rate by the Reserve Bank of Australia. The Aussie declined by 0.6% versus the greenback to trade at $1.0302 by 8:52 a.m. in London. Earlier, it touched $1.0292, which was the lowest since September 7.

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